FX.co ★ South Korea’s M3 Money Supply Edges Higher in January, Signaling Steady Liquidity Growth

South Korea’s broad money supply (M3) continued to expand at the start of 2026, with the aggregate rising to 6,102.1 trillion won in January 2026, up from 6,090.4 trillion won in December 2025. The latest figures, updated on 13 March 2026, point to a modest but ongoing increase in liquidity within the financial system.

The incremental rise in M3 suggests that overall monetary conditions remain supportive, with households, firms and financial institutions collectively holding slightly higher balances of cash, deposits and other liquid assets. This steady growth in broad money supply will likely be monitored closely by policymakers and market participants for its implications on credit dynamics, inflation trends and the broader economic outlook in South Korea.